Court claim on $41.3m loss via Nido schemes explained
Shareholders put $47.2m into schemes to fund the store, hoping for big returns.
AdvertisementAdvertise with NZME.
Latest fromAuckland
Firefighters battle house fire on Don Buck Rd, Massey
Fire and Emergency NZ got a call to the blaze just after 7pm, sending five fire trucks.
How your team can win the Ranfurly Shield this season
An analysis of your team's chances of winning the Log of Wood this season.
Schoolboy rugby tears: The emotional day Sacred Heart broke a 58-year curse
On Saturday the 58-year curse on one of NZ's pre-eminent rugby schools was finally lifted.
Auckland Transport to increase street-parking prices by $1 an hour from next week
AT said the changes come after 'clear direction from Mayor Wayne Brown to review prices'.
Murder trial aborted for Crips members accused of killing revered 75yo rugby league stalwart
Prosecutors said the Crips are responsible for the 75-year-old's shooting death.
Half of low-cost Auckland accommodation have fire safety deficiencies, council finds
Two boarding houses were bad enough to trigger a dangerous building notice.
Five youths arrested after aggravated robbery in Ōnehunga
Police tracked down the group after spotting suspicious driving.
Serious crash blocking key road in Epsom
Two people have been taken to hospital following the early morning crash.
William Dart review: Concert a fitting farewell for APO chief executive
William Dart reviews a concert to farewell the APO's chief executive of 17 years.
Spilling the ‘Anxietea’ - Better Tea Co. wins grant
Founder Tamarin Howse started the business in 2018 to manage mental health at work.
'What the hell?' Ferry suspensions raise fresh fears around housing development
'You can’t keep allowing mindless infill into areas that can’t handle it.'
Lanes reduced across Auckland Harbour Bridge, country in for a wet and windy day
A strong wind watch is in place for Northland and Auckland.
Auckland bar linked to drug dealing, stabbings and shooting loses liquor licence
'It is clear ... these premises embody alcohol-related harm in its rawest form'.
Baby death: He stomped his pregnant partner's head, then their son came and his violence amplified
Prosecutors sought a murder conviction for Hamuera Rawhiti. Jurors disagreed.
Inside Auckland's dirt bike scene, where police say gangs gift motorbikes to teens who 'prove themselves'
Who are the young men tearing around Auckland on dirt bikes? The Herald investigates.
No arrests yet: Killers still on the run in three fatal shootings this month
Gang violence has been linked to some of the killings in Auckland and Palmerston North.
Head Hunters gather for funeral of member Charles Pongi
Police are warning grieving gang members to pay their respects peacefully.
Q&A: Jerome Pampellone on his life-changing move and title dreams
Pampellone is the accidental boxer being touted as the next big Kiwi thing in the ring.
Apartment owners' battle against boatsheds to retain views
When a 25m marine services shed rose, apartments owners went to court.
'I could lose my leg': Man slips on common yellow footpath dots; AT admits hazard
Leo Breva is one of several pedestrians injured after slips on tactile dots.
'I was young': Realtor created fake valuation for house he won at auction
Nick Hoogwerf used the letterhead of a real company, but the valuation was false.
Police hunting armed group of offenders after Grey Lynn jeweller robbery
Police got a report of a robbery about 4pm today, are still at the scene investigating.
Watch: Security footage shows tyre iron-wielding men smash dairy, threaten shopkeeper
A "hard-working" dairy-owning couple are traumatised after Wednesday evening's incident.
Imprisoned gang leader orchestrated hit, but 75yo grandfather was killed instead, jury told
The 75-year-old rugby league stalwart was shot in his home in August 2021.
Gang funeral sparks increased police presence across parts of Auckland
Police will be deployed around known gang locations in Ellerslie, Ōnehunga and Papatoetoe.
Former Auckland high school deputy principal jailed for child abuse images
Lawrence Peter Stephens pleaded guilty to 5 charges covering possession of 218 images.
Traffic chaos: Two injured after crash on Northwestern Motorway, bus collides on Southern
Fire and Emergency NZ crews and St John are at the scene in West Auckland.
Dairy buyer 'felt trapped, cheated', partly wins case v Colliers agent
'Highest bidder at $675,000, but the two of them pushed her up to $940,000.'
'Slap in the face': Reaction split on $20b Govt transport plan
The focus on SH1 from Warkworth to Whangārei included the Brynderwyns.
One dead, two injured in Pukekohe crash
The crash on Paerata Road (SH22) was reported to police at 5.10pm.
Police still searching for man who tried to lure school girls into car
Police are still searching for the man who frightened the girls.
Notorious P.I.G: Runaway Auckland pig heads south for a new life
He will join another adventurous pig who was rescued after Cyclone Gabrielle.
14-year-old linked to spike in vehicle thefts in leafy North Shore suburbs
Vehicle crime has risen dramatically in the area, say police.